£10m boost for small charities
A Charity Survival Fund worth £10m has been launched by the Julia and Hans Rausing Trust to help struggling small charities.
“The last few months have proven very difficult for individuals and organisations across the country, and in particular for charities who have seen their regular sources of funding dry up” Julia and Hans Rausing said in a joint statement. “The Charity Survival Fund is designed to provide financial aid for many small and medium sized charities that are facing financial hardship. Their work is needed now more than ever, and we hope this new fund helps bridge the financial gap until usual sources of income return to the sector.”
The fund is open to charities with an annual income below £5 million and will provide grants ranging from £1,000 to £250,000 to cover day-to-day running costs.
Hans Rausing is the third child of the Tetra Pak magnate, also Hans Rausing, and he and his second wife founded their own trust in 2014. Last year they gave £10m to upgrade the Royal Academy Schools – they are pictured here with the RA’s present and past presidents, Rebecca Salter and Christopher Le Brun.
The deadline for applications to the Charity Survival Fund is 27th July, with a formal announcement of the charities who have been awarded funds in September.
More information on how to apply can be found here.